Intermediate Algebra (12th Edition)

Published by Pearson
ISBN 10: 0321969359
ISBN 13: 978-0-32196-935-4

Chapter 2 - Section 2.2 - The Slope of a Line - 2.2 Exercises - Page 160: 94

Answer

The amount saved is increasing, on average, by $\$50/month$.

Work Step by Step

To calculate the average rate of change between two points $(x_1,y_1)$ and $(x_2,y_2)$, we use the formula: $\displaystyle average~rate~of~change=\frac{y_2-y_1}{x_2-x_1}$ We calculate the average rate of change with the points $(0,0)$ and $(4,200)$: average rate of change$=\frac{200-0}{4-0}=\frac{200}{4}=50$ dollars/month Therefore, the amount saved is increasing, on average, by $\$50/month$.
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